A new FTC report highlights how social media and video streaming giants harvest 'vast' amounts of user data to fuel a multi-billion dollar targeted advertising industry. Some companies fail to ...

A new FTC report on how social media and streaming sites collect and monetize their hoards of user data doesn’t really feature a lot of surprises for anyone who’s followed the space.

Social media scams have rocketed over the past half decade as back in 2017 there were 5,000 people who reported social media scams to the FTC, with losses totaling $42 million.

The FTC in 2020 requested personal data from nine major streaming and social services, such as Amazon, ByteDance and YouTube. Findings revealed a concerning trend of data monitoring by these ...

According to the FTC, social media scams have increased at an alarming rate over the last five years, accounting for about $770 million in reported losses in 2021, a jaw-dropping eighteenfold ...

Social media companies collect, share and process vast troves of information about their users while offering little transparency or control, the FTC said. Data privacy, particularly for kids and ...

As Texans recover from devastating flash flooding, scammers are targeting generous donors with fake fundraising pleas. The ...

The challenge of making sure that social media are "fair and balanced" is illustrated by a 2004 FTC complaint against Fox News. Two left-leaning advocacy groups claimed the news outlet's use of ...

The FTC said that investment, romance and e-commerce scams, combined, accounted for 70% of social media scams in 2021, but there were other types of fraud also associated with social platforms.

In 2021, people between the ages of 18 and 39 were more than twice as likely as older adults to report having money in a social media scam, according to the FTC. Social media platforms give ...

The consumer watchdog agency is trying to protect users from deceptive ads on social media. The influencer market on Instagram is expected to reach more than $2.5 billion in 2020.